SP500 Gann Angle Review

Golly gosh we have two days of lower closes on the SP500. Plus the volume
was the highest it has been since pre US holidays.

Mr Market is fueled by belief and fact. The belief is that central bankers
will cover the never ending debt issue, any facts to the contrary and Mr Market
will punish risk on stocks. With the central banked fueled stock market each
and every date the ECB, BOJ, FED and BOE says something is turning out to be
a pivot point in the market either up or down. Recently and while SP500 is
at a high FED Fischer poured cold water on the need for QE, and you can bet
when stocks hit a range low FED Yellen will support the need for more QE. This
was the musical cheers in 2011, and it is the same this year.

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